Binance has been granted permission to operate in Sweden, according to an announcement published by the cryptocurrency exchange on Jan. 11. Binance registers in Sweden Today’s announcement indicates t...
Tag: Binance
BUSD faces depegging scare: What’s going on, Binance?
BUSD under FUD because of reports showing insufficient backing. Until the time of writing, the stablecoin was able to maintain its peg. The stablecoin of trading platform Binance [BUSD] is in the spo...
Binance US Receives Initial Approval to Acquire Voyager Digital’s Assets: Report
Binance US’ plan to acquire some of Voyager Digital’s assets for $1.02 billion is one step closer as the bankrupt crypto lender received initial court approval for its proposal. The United States Dist...
Binance receives regulatory approval from Swedish FSA
After months of constructive engagements with Swedish financial authorities (FSA), Binance Nordics AB on Jan.11 announced that it had been granted registration, as a virtual currency trading and finan...
Crypto Exchange Binance Receives Regulatory License in Sweden
This is the seventh EU country where the platform has been granted such a license. Binance’s Swedish subsidiary Binance Nordics AB has received the registration. Binance, the biggest cryptocurrency ex...
Binance wants 30% more employees in 2023
Binance CEO Changpeng Zhao, while speaking at a conference in St. Moritz, Switzerland, expressed optimism on the possibility of seeing the exchange attain 30% hiring growth in 2023 after its hiring da...
XRP Records Strong Price Performance, Becomes 3rd Crypto Asset By Trading Volume On Binance
– Advertisement – XRP records significant gains despite weak broader market performance. According to leading cryptocurrency market intelligence platform Santiment Feed, XRP saw a signifi...
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager – Regulation Bitcoin News
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S....
WazirX releases proof of reserves with majority of funds in Binance wallets
The cryptocurrency exchange released its proof of reserves and proclaimed it to be India’s largest exchange both in volume and reserve funds. After the paranoia and turmoil in the crypto industry caus...
Voyager Acquisition Approved as Binance Bleeding Deepens
A U.S. bankruptcy court has approved Voyager Digital’s proposed $1 billion sale of its assets to Binance.US., as the exchange undergoes significant withdrawals. In addition to approving the deal, U.S....
A Binance Stablecoin Wasn’t Always Fully Backed: Bloomberg
The resiliency of stablecoins and whether they’re backed by a reliable pile of money is a contentious one in the cryptocurrency industry. Stablecoins are meant to closely track the value of some...
Binance has majority of WazirX funds
WazirX revealed in its proof of reserves report that 90% of its user assets are in Binance wallets. CoinGabbar published WazirX’s proof of reserves which believes that they are India’s biggest crypto ...
Binance acquires Voyager Digital – The Cryptonomist
The tweet reporting the news is only a few hours old: Binance, a company whose CEO is Changpeng Zhao, has obtained court approval to acquire Voyager Digital, the crypto broker that had filed for bankr...
$20M Worth ETH Transferred To Binance, ETH Price Drop Ahead ?
Even though the year 2022 has been a roller coaster ride, the start of 2023 has been pretty much on a positive note as the crypto market seems to be recovering. The star cryptocurrency, Bitcoin which ...
WazirX Releases Proof of Reserves, Majority Lies in Binance
Indian cryptocurrency exchange WazirX has released its proof of reserves and with that revealed that 90% of its user’s assets are stored in Binance wallets. Cryptocurrency exchange WazirX has released...
Binance Secures Regulatory Approval in Sweden
The Swedish Financial Supervisory Authority registered the world’s largest cryptocurrency exchange – Binance – as a financial institution for management and trading in virtual currency in the Scandina...
Binance Annual Revenue Grew Tenfold In The Last Two Years, But Not Without Challenges ⋆ ZyCrypto
Advertisement     Binance maintained hockey-like growth since 2021 despite the crypto market downturn, according to on-chain data provider Cryptoquant. Sharing its fin...
Binance secures its 7th approval in Europe with Swedish regulators
The Swedish Financial Supervisory Authority registered Binance, the world’s largest cryptocurrency exchange, as a financial institution for virtual currency management and trading in Sweden. This is t...
Binance Coin bulls encountered resistance at $282, will a rejection follow?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The lower timeframe market structure of Binance ...
Binance Stakes 4,000,000,000,000 Shiba Inu (SHIB) As Project Details Update on New Layer-2 Blockchain
The world’s largest crypto exchange by volume is staking trillions of Shiba Inu (SHIB) tokens as the dog-themed asset provides updates on its upcoming layer-2 project. According to data from whale-sur...
Binance Receives Regulatory Approval to Operate in Sweden
– Advertisement – The latest license marks the exchange’s seventh regulatory approval in the EU on its journey to global reach. Binance, the world’s largest exchange, has received regulato...
Binance Says There Were Flaws In Maintaining BUSD Peg
Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin....
4 Trillion SHIB Transferred Out of Binance, What’s Going On?
Godfrey Benjamin Shiba Inu whale has moved 4 trillion tokens from Binance with exchange losing over $12 billion in 60 days A Shiba Inu (SHIB) whale has transferred as much as 4 trillion tokens from Bi...
Binance pushes back against report BUSD-peg stablecoin isn’t fully backed
Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”. In a Jan. 10 blog p...
WazirX unveils its proof of reserves report, with a significant portion of funds secured in Binance wallets
Following the FTX liquidity and bankruptcy incident, which caused panic in the cryptocurrency sector, numerous digital asset providers have begun publicizing their reserve funds. WazirX, an Indian cry...
Binance CEO outlines ambitions to grow headcount by up to 30% in 2023
Binance CEO Changpeng Zhao said the crypto exchange giant will continue to scale in 2023, with headcount growth goals of between 15% and 30%. The exchange group grew from 3,000 to 8,000 people i...
Binance Coin reaches a significant resistance zone, can the bulls conquer it?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The $278 mark and its vicinity had a strong confl...
Gemini co-founder calls to oust DCG CEO; Binance liquidates $75M SHIB
The biggest news in the cryptoverse on Jan. 10 saw Gemini co-founder Cameron Winklevoss accuse DCG CEO Barry Silbert of fraud and demand his removal — only to receive a rebuttal from DCG itself. Elsew...
Binance reportedly didn’t follow procedures for BUSD reserves in 2020, 2021
Binance failed to follow its procedures for BUSD reserves between 2020 and 2021 since it didn’t keep enough reserves to support its BUSD stablecoin, according to a report by Bloomberg. The mismanageme...
Binance Restakes 4T Shiba Inu Tokens on ShibaSwap Moments After Unstaking 12.6T Coins
– Advertisement – Shibburn shares details of different SHIB staking transactions carried out by Binance. World’s largest cryptocurrency exchange by trading volume recently staked and unsta...